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Section 12.2.6 Lost or Stolen Key

In the event a Key is lost, stolen, or otherwise unaccounted for, Holder shall notify CVR MLS within forty-eight (48) hours, by telephone and in writing. The Holder shall promptly report any such theft to the appropriate law enforcement agency. If the lost Key is found and returned to CVR MLS in good working order, the cost of the replacement Key will be refunded, less an administrative fee. If the Key is lost or stolen, the Holder agrees that the Key will immediately be deactivated by CVR MLS.